Yeah, not fair under the strict ASIC definitions, but to me this:
namely, that all shareholders had the chance to take up their notes back in November/December last year on the same terms makes it seem fair to me, notwithstanding that strategically, non-associated shareholders looking to increase a shareholding could be strategic to vote against conversion and pick up shares on-marker when Ariadne is then forced to dump.
The valuation of 15 cents on conservation estimates is very encouraging.
Expert Valuation for EGM, page-2
-
- There are more pages in this discussion • 39 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
